In the US, former soccer star Robert “Bo” Hines has been appointed as government director of the Presidential Council of Advisers for Digital Assets, signaling yet one more constructive transfer for cryptocurrency coverage.
President-elect Donald Trump broke the news on his social media platform Truth, saying Hines as the newest addition to his newly shaped Crypto Council, which Trump describes as an “advisory group composed of luminaries from the crypto industry.”
Hines is a regulation graduate and former school footballer who performed for the NC State Wolfpack and Yale Bulldogs. After retiring from American soccer in 2017, the Republican entered politics in 2021.
Trump is losing no time in assembling his luminous Crypto Council. He just lately introduced that it’s to be chaired by “AI and crypto czar” David Sacks. This South African-born entrepreneur has been mandated to “work on a legal framework, so the crypto industry gets the clarity it has been asking for, and can thrive in the US,” in accordance to Trump.
Another current Trump appointment is that of Sriram Krishnan as Senior Policy Advisor for AI at the White House Office of Science and Technology Policy.
Sriram, a founding member of Windows Azure, is predicted to work intently with Sacks and the Crypto Council.
Full Speed Ahead For Cryptocurrency
Having a Crypto Council in the White House is a extremely important transfer for cryptocurrency. The advisory group of pro-crypto hotshots is about to focus solely on digital-asset insurance policies in the US. And with the proper laws in place, the crypto market can solely develop.
Trump additionally plans to set up a US bitcoin strategic reserve, prompting MicroStrategy founder Michael Saylor to claim {that a} bitcoin reserve might create $81 trillion for the US Treasury.
Saylor can also be proposing a digital belongings framework, below which clear roles for issuers, exchanges, and house owners shall be outlined, night the enjoying discipline and making certain that no participant – no matter their function – is ready to“lie, cheat, or steal.”
That’s nice information for the cryptocurrency market, together with newcomers such as Wall Street Pepe ($WEPE). This presale meme coin has an identical mantra – night the enjoying discipline for the smaller frogs and stopping whales from manipulating the crypto market.
Wall Street Pepe is constructing an unique, insider group, giving on a regular basis traders a chance to take on the whales and see their very own excessive returns by working collectively and sharing insights and ideas.
Touted as a presale meme coin to watch, $WEPE has been smashing each new presale document with $35M already raised. It noticed a $6 million capital influx inside simply 24 hours and has a quickly rising frog army on X marching in step as the meme-coin momentum continues.
A heads-up, although. The presale is about to enter its subsequent stage, so the clock is ticking for those who’re contemplating taking the leap. Remember, it’s your duty to DYOR, as this text doesn’t represent monetary recommendation.
Begin with a go to to the $WEPE X channel, and take a while to learn the whitepaper.
